Lucid Group Stock Moves Amid Restructure and Robotaxi Partnership

Lucid Group, Inc. LCID is restructuring its stock through a 1-for-10 reverse stock split to make it more appealing to investors. The company has also partnered with Uber Technologies Inc. UBER and robotics company Nuro to launch a high-end robotaxi service. TD Cowen maintains a Hold rating on Lucid Group with a price target of $2.30.

Lucid Group, Inc. (LCID) has taken two significant steps to enhance its market presence and investor appeal. On July 17, 2025, the company announced plans for a 1-for-10 reverse stock split, aiming to make its common stock more attractive to a broader range of investors. Additionally, Lucid has partnered with Uber Technologies Inc. (UBER) and robotics company Nuro to launch a high-end robotaxi service.

The reverse stock split, which requires stockholder approval, will consolidate the company's shares at a ratio of one-for-ten, potentially making the stock more appealing to institutional investors who often have minimum price thresholds. This move is part of Lucid's strategy to enhance its market presence and investor appeal [1].

In a separate development, Lucid has joined forces with Uber and Nuro to deploy 20,000 or more Lucid vehicles equipped with the Nuro Driver™ over the next six years. The partnership will initially launch in a major US city next year, combining the industry-leading software-defined vehicle architecture of the Lucid Gravity, Nuro's Level 4 autonomy system, and Uber's vast global network. This collaboration aims to deliver a fully integrated robotaxi experience for comfort, safety, and scale [2].

Analysts view the reverse stock split as a strategic move to potentially enhance the stock's marketability and liquidity. However, the success of this strategy is not guaranteed, and the market's reaction will be crucial in determining its effectiveness. The outcome of the stockholder meeting and subsequent market conditions will be key indicators of Lucid's ability to leverage this strategy for long-term growth and investor confidence.

References:
[1] https://www.gurufocus.com/news/2984580/lucid-group-inc-lcid-announces-plans-for-reverse-stock-split-lcid-stock-news
[2] https://investor.uber.com/news-events/news/press-release-details/2025/Lucid-Nuro-and-Uber-Partner-on-Next-Generation-Autonomous-Robotaxi-Program/default.aspx